{"id":13052,"date":"2020-04-18T23:47:02","date_gmt":"2020-04-19T03:47:02","guid":{"rendered":"https:\/\/www.duck9.com\/?p=13052"},"modified":"2020-04-19T00:39:09","modified_gmt":"2020-04-19T04:39:09","slug":"quantitative-hardening","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/quantitative-hardening\/","title":{"rendered":"Quantitative Hardening"},"content":{"rendered":"
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By Larry Chiang<\/span><\/div>\n

\n<\/span><\/div>\n
Quantitative Hardening. It\u00e2\u20ac\u2122s when the mining reward drops. This is the third time the reward has dropped for bitcoin.  <\/span>#QH3<\/a><\/span> <\/span><\/p>\n

fiat = quantitative easing
\nbitcoin = quantitative hardening<\/span><\/div>\n

– Schmiegle <\/b>🔑<\/span> (@_Schmiegle<\/a>) <\/b>on 03\/06\/19<\/div>\n
 <\/span>#QH3<\/a><\/span>\n<\/div>\n
\n\n\n\n\n
<\/td>\nLarry Chiang @6502838008 (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
\n
4\/6\/20, 11:29 AM<\/a><\/div>\n
Technically, it\u00e2\u20ac\u2122s #QH3<\/a>.<\/p>\n

[btw, Satoshi Nakamoto has the innate ability to really ace timing]<\/p><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

\n\n\n\n\n
<\/span><\/td>\nMandrik (@Mandrik<\/a>)<\/b><\/td>\n<\/tr>\n
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4\/6\/20, 10:40 AM<\/font><\/a><\/div>\n
The Halvening is the event. Quantitative Hardening is the result.  #Bitcoin<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n<\/div>\n

The surging bitcoin is pretty good evidence that demand is outstripping supply and that to keep it stable we should be printing more.<\/p>\n

But we can\u00e2\u20ac\u2122t.<\/p>\n

In fact, we\u00e2\u20ac\u2122re going to be printing half as much is 23 days.<\/p>\n

The third round of Quantitative Hardening.<\/span><\/div>\n

– <\/span>Pierrrrrrrrrrrrre Rrrrrrrrrrrrocharrrrrrrrrrrrrrrd (@pierre_rochard<\/a>)<\/b><\/div>\n

\n<\/b><\/span>The extra R\u00e2\u20ac\u2122s are a \u00e2\u20ac\u0153brrr\u00e2\u20ac\u009d reference \n<\/div>\n
\n\n\n\n\n
<\/span><\/td>\nPierrrrrrrrrrrrre Rrrrrrrrrrrrocharrrrrrrrrrrrrrrd (@pierre_rochard<\/a>)<\/b><\/td>\n<\/tr>\n
\n
4\/18\/20, 9:47 PM<\/font><\/a><\/div>\n
The surging bitcoin is pretty good evidence that demand is outstripping supply and that to keep it stable we should be printing more.<\/p>\n

But we can\u00e2\u20ac\u2122t.<\/p>\n

In fact, we\u00e2\u20ac\u2122re going to be printing half as much is 23 days.<\/p>\n

The third round of Quantitative Hardening.<\/p>\n

Buy #bitcoin<\/a>!<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


\nMarch 6, 2019
\n<\/span><\/div>\n

\n\n\n\n\n
<\/span><\/td>\nSchmiegle 🔑 (@_Schmiegle<\/a>)<\/b><\/td>\n<\/tr>\n
\n
3\/6\/19, 5:52 PM<\/font><\/a><\/div>\n
fiat = quantitative easing<\/p>\n

bitcoin = quantitative hardening<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/p>\n

<\/span><\/div>\n

\n\n\n\n\n
<\/span><\/td>\n\u00e2\u201a\u00bfrrrrrrrrett \u00e2\u201a\u00bfondi (@bondimusmaximus<\/a>)<\/b><\/td>\n<\/tr>\n
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4\/6\/20, 11:21 AM<\/font><\/a><\/div>\n
<\/a>\u00e2\u0081\u00a6\u00e2\u20ac\u00aa@Mandrik\u00e2\u20ac\u00ac\u00e2\u0081\u00a9<\/a> <\/a>\u00e2\u0081\u00a6\u00e2\u20ac\u00aa@_Schmiegle\u00e2\u20ac\u00ac\u00e2\u0081\u00a9<\/a> <\/a>\u00e2\u0081\u00a6\u00e2\u20ac\u00aa@_Schmiegle\u00e2\u20ac\u00ac\u00e2\u0081\u00a9<\/a> When did you first tweet the term \u00e2\u20ac\u0153Quantitative Hardening\u00e2\u20ac\u009d? <\/p>\n

How does it feel to be a successful bitcoin meme originator? 😆<\/span><\/font><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/p>\n

<\/span><\/div>\n


\n<\/span><\/div>\n
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<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

By Larry Chiang Quantitative Hardening. It\u00e2\u20ac\u2122s when the mining reward drops. This is the third time the reward has dropped for bitcoin.  #QH3  fiat = quantitative easing bitcoin = quantitative hardening – Schmiegle 🔑 (@_Schmiegle) on 03\/06\/19  #QH3 Larry Chiang @6502838008 (@LarryChiang) 4\/6\/20, 11:29 AM Technically, it\u00e2\u20ac\u2122s #QH3. [btw, Satoshi Nakamoto has the innate ability to really […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80],"tags":[],"class_list":["post-13052","post","type-post","status-publish","format-standard","hentry","category-deep-undergrad-crypto-knowledge-9"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/13052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=13052"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/13052\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=13052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=13052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=13052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}